You wake up one morning and the government of your country or an able organization has decided to deposit $1,000 into your bank account every month for the next 50 years. You don't have to do anything to earn this money. All that is required of you is by virtue of being a citizen or a member of the community.
- What impact will something like this have on you as a person?
- Will it change your attitude towards work and community involvement?
- Will $1,000 per month enable you find peace in a world of monopolies?
- Will it fix the wealth inequality gap in this world?
Well these are interesting questions that you need to ask yourself so as to really judge if the introduction of a UBI will really solve the problem it is suppose to address.
In order for us to build good basic income project as a community, we will have to think about this and see if these questions can help us rethink about what a UBI should really look like.